Details
Alfalah VISA Platinum Credit Card
| Interest Rate / APR | Chip Maintenance Fee (Rs) | Cash Advance Fee (Rs) | Annual Fee (Rs) |
|---|---|---|---|
|
40% |
Nill |
1,000 or 3% whichever is higher |
12,000 |
Pros
- Free credit facility upto 51 days
- Travel desk service Is available for Platinum cards holder
- Maximum discounts available include dining and shopping
- Free CIP lounge access on International flights from Pakistan
- Platinum card holder can also avail the facility of concierge service
Cons
- Excessive use of card may put you in a large debt
- Minimum payment cannot impact on the principal amount
- Beware of late fees charges involved with this card
Features
- On international travel free CIP lounge access
- Enjoy worldwide accessibility to approx. 30 Million plus places
- By successful spending PKR 200 or FCY 200 and earn orbit points
- Book your flights through travel desk service facility
- Pay other Credit Card balance with Bank Alfalah Credit Cards
- Minimum payment option available
- The card offers different Installment plans from 3 months to 36 months for repayment
Eligibility
Salaried Person
- Minimum salary requirement: Rs 100,000
- Age Limit: 21 - 60 years
- Documents required: CNIC, Salary slips, Bank statement, Letter from employer
Self-Employed / Businessmen
- Minimum income: Rs 150,000
- Age Limit: 21 - 70 years
- Documents required: CNIC, NTN, Proof of business, Bank statement
Other Details
- Maximum Credit Limit: 2,000,000
- Interest Free Period: 51Days
- Balance Transfer Rate: 24%
- Cash Advance Fee Annual (PKR): 1,000 or 3% whichever is higher
- Cash Advance Rate (%): 40%
- Rewards Program: Jetsetter travel reward
- Reward Points: 1 Orbit International & 0.50 Orbit Local on PKR 100
- Late Payment Fee (PKR): 1,550 or 10% of amount whichever is higher
- Foreign Transaction Fee (PKR): 5%
- Targeted For: Salaried Person and Businessmen
- Min. Income for Salaried (PKR): 100,000
- Min. Income for Businessman (PKR): 150,000
- Best Suitable For: High net worth individuals
- Minimum Age (Years): 21 Years
- No. of Supplementary Cards: 6
- Payment Network: Visa
- Loung Access: Free CIP lounges access in Pakistan